/
•
•
Detailed stories on technology startups, business and economic current affairs.
While the secondary sale of shares is not radical, it is important in this case because the Byju’s promoters have amassed massive wealth even as the company struggles

A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
The startup isn’t sure where its future lies—in electric motorcycles or the more recently announced electric scooter? Unsurprisingly, none of the products have amounted to anything so far.
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.